SevenBridge Financial Group LLC Purchases 742 Shares of Costco Wholesale Corporation $COST

SevenBridge Financial Group LLC increased its position in shares of Costco Wholesale Corporation (NASDAQ:COST) by 21.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,145 shares of the retailer’s stock after purchasing an additional 742 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Costco Wholesale were worth $3,789,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Costco Wholesale by 38.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 54,319 shares of the retailer’s stock valued at $50,279,000 after purchasing an additional 15,025 shares during the last quarter. Kepler Cheuvreux Suisse SA purchased a new stake in Costco Wholesale in the third quarter worth $41,365,000. Beese Fulmer Investment Management Inc. increased its position in Costco Wholesale by 0.6% in the third quarter. Beese Fulmer Investment Management Inc. now owns 30,657 shares of the retailer’s stock worth $28,378,000 after buying an additional 170 shares during the last quarter. Nemes Rush Group LLC raised its stake in shares of Costco Wholesale by 7.3% in the third quarter. Nemes Rush Group LLC now owns 13,739 shares of the retailer’s stock valued at $12,717,000 after buying an additional 940 shares during the period. Finally, Financial Life Planners raised its stake in shares of Costco Wholesale by 0.5% in the third quarter. Financial Life Planners now owns 2,814 shares of the retailer’s stock valued at $2,604,000 after buying an additional 14 shares during the period. 68.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

COST has been the subject of a number of research reports. Gordon Haskett increased their target price on shares of Costco Wholesale from $1,000.00 to $1,100.00 in a research report on Tuesday, February 3rd. BMO Capital Markets lifted their price objective on shares of Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. TD Cowen restated a “buy” rating on shares of Costco Wholesale in a research report on Friday, March 6th. Rothschild & Co Redburn lifted their price target on Costco Wholesale from $890.00 to $1,000.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Finally, Citigroup reissued a “neutral” rating on shares of Costco Wholesale in a report on Friday, February 20th. Twenty-two analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,039.13.

Key Stories Impacting Costco Wholesale

Here are the key news stories impacting Costco Wholesale this week:

• Positive Sentiment: Q1/FQ2 results showed continued momentum: management cited new warehouse openings, digital improvements and targeted price cuts on essentials that drove traffic; the quarter beat revenue and EPS expectations. 5 Insightful Analyst Questions From Costco’s Q1 Earnings Call
• Positive Sentiment: Company posted strong FQ2 sales and net income growth (sales +9.1%, EPS beat), supporting the view that membership income and traffic remain healthy. Costco (COST) Reports $68.24B FQ2 Sales and $2.03B Net Income
• Positive Sentiment: Analyst support: BTIG raised its price target and kept a Buy rating after the earnings beat, reinforcing upside thesis tied to membership economics. BTIG Raises Costco (COST) Target
• Positive Sentiment: Operational tailwinds: new store openings and local demand (e.g., $62M Liberty Hill store, Port St. Lucie land purchase) plus expanded in-warehouse experiences and viral merchandise drops (Off‑White hoodies) that boost traffic and basket size. Booming Central Texas city, Liberty Hill, welcomes its first $62M Costco
• Neutral Sentiment: Daiwa raised its price target modestly to $975 but kept a neutral rating — a mixed signal (higher target but no upgrade to Buy). Daiwa Securities Adjusts Price Target on Costco
• Neutral Sentiment: Insider activity: an EVP sold ~730 shares (disclosed SEC Form 4) — notable but small relative to total float and typical for routine sales. SEC Form 4 filing
• Negative Sentiment: Legal risk: multiple proposed nationwide class-action suits seek customer refunds tied to Trump-era import tariffs after the Supreme Court ruled those tariffs unlawful — plaintiffs want retailers to pass any government refunds to customers. This is the primary near-term headline risk that could drive volatility or potential future liability/settlements. Costco customers sue for share of refunds from Trump tariffs (Reuters)
• Negative Sentiment: Operational risks: rising gas prices and supply-chain cost pressure could compress margins if Costco needs to absorb higher logistics costs to keep prices low for members. Could the Sudden Jump In Gas Prices Hurt Costco’s Stock?

Insider Transactions at Costco Wholesale

In other news, EVP James C. Klauer sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $939.00, for a total value of $1,408,500.00. Following the completion of the sale, the executive vice president directly owned 44,837 shares of the company’s stock, valued at approximately $42,101,943. This trade represents a 3.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Claudine Adamo sold 730 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $1,003.02, for a total value of $732,204.60. Following the completion of the transaction, the executive vice president owned 6,121 shares of the company’s stock, valued at approximately $6,139,485.42. The trade was a 10.66% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 7,645 shares of company stock worth $7,049,302. Corporate insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Performance

Shares of NASDAQ COST opened at $992.15 on Thursday. The stock has a market cap of $440.39 billion, a price-to-earnings ratio of 51.59, a P/E/G ratio of 5.04 and a beta of 1.01. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. Costco Wholesale Corporation has a 1-year low of $844.06 and a 1-year high of $1,067.08. The stock’s 50-day moving average is $969.62 and its 200 day moving average is $936.24.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings results on Thursday, March 5th. The retailer reported $4.58 EPS for the quarter, beating analysts’ consensus estimates of $4.55 by $0.03. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The business had revenue of $69.60 billion for the quarter, compared to analysts’ expectations of $68.96 billion. During the same period last year, the business earned $4.02 earnings per share. The business’s quarterly revenue was up 9.2% on a year-over-year basis. On average, sell-side analysts anticipate that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a $1.30 dividend. The ex-dividend date was Friday, January 30th. This represents a $5.20 annualized dividend and a yield of 0.5%. Costco Wholesale’s dividend payout ratio (DPR) is 27.04%.

Costco Wholesale Company Profile

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.